Kim DeMarco

Arizona Certified Document Preparer

Estate Planning

Wills and Trusts each have their Advantages and Disadvantages. For example, a Will allows you to name a guardian for your children and to specify funeral arrangements, while a trust does not. On the other hand, a Trust can be used to plan for disability or to provide savings on taxes.

A WILL (Last Will and Testament):


A living will bears no relation to a conventional will and is not used to leave property at death. A living will is a document that allows you to state what type of medical treatment you do or do not wish to receive should you be too ill or injured to communicate your wishes.


A pour-over will “pours over” property into a trust when you die. Property left through the will must go through probate before it is placed into the trust.



A revocable trust can be amended or revoked at any time by the trustee through a trust amendment..


An irrevocable trust is a type of trust that cannot be changed once the document is signed. This type of trust can be used to reduce estate taxes, asset protection and charitable estate planning to name a few advantages.